Apple looks to be continuing its efforts to diversify its supply chain away from China, as more iPhones are being made in India compared to a year ago. Sources inform Bloomberg that Apple has doubled its production in India year-over-year, with assembly worth $14 billion in the last fiscal year. That works out to roughly...
Apple has reportedly started the production of its next-generation iPhone 15 in Tamil Nadu, India, reports Bloomberg. The Foxconn factory located in Sriperumbudur is gearing up to roll out the latest iPhone 15 models. This comes shortly after the start of shipments from Chinese factories, highlighting Apple's intent to rapidly augment the volume of iPhones...
Apple is currently negotiating with banks and regulatory authorities in India to introduce its Apple Card credit card, according to sources speaking to MoneyControl. During his visit to India in April, Apple CEO Tim Cook reportedly met with HDFC Bank CEO and MD Sashidhar Jagdishan to discuss the potential partnership. The tech giant is also...
Foxconn is set to build a new $700 million USD plant in India to boost production in the country as Apple seeks to move more manufacturing away from China
The move comes as Apple urges partners to accelerate plans to diversify its supply chain beyond China following recent production disruptions in the country
